At the invitation of Mrs Katie Tanner DL, Veronica and I joined the Moreton Hall Business Lunch, which was extremely well attended by members of local businesses and the professions ,and went off beautifully. Xavier Rolet, former CEO of the London Stock Exchange, gave an excellent key note speech. In it he commented on the UK’s position within the world financial and economic environment and argued that the cost of equity for a UK corporate is disadvantaged by the high rates of taxation versus the cost of debt.